A tax cut on fuels has spared drivers in Germany from sky-high costs since the start of May, but the federally subsidised 'discount' is set to end on June 30th.
The price at the pump for petrol and diesel fell at the start of May when a fuel tax cut took effect, but watchdog groups say oil companies haven't passed on the savings to consumers entirely.
Price controls introduced at German petrol stations to shield motorists from spiking oil prices amid the Middle East war have had the opposite effect and driven up the average cost of fuel, economists said Monday.
Germany is pushing forward with its plan to temporarily cut taxes on fuels and offer relief bonuses to employees. So how much money can you actually expect to save?
Lawmakers in the German parliament voted on Friday to pass measures aimed at relieving the financial burden on consumers related to high energy prices.
The German government is stepping in to absorb taxes on fuel for two months as drivers and companies reckon with soaring prices. Policy makers also plan to enable employers to offer tax-free 'relief bonuses'.
Fuel prices have risen to record levels in Germany since the outbreak of the war in the Middle East. Here's how you can save some money on petrol and diesel.
Lawmakers have adopted a measure to limit petrol stations from putting prices up more than once in 24 hours. The rapidly approved law is to come into force by the start of April.
Germany said Tuesday its competition watchdog will soon get more powers to target energy firms over concerns they are unfairly hiking petrol prices to profit from the wartime oil shock.
Fuel prices in Germany have been rising faster than in other countries, creating a boom in 'fuel tourism'. Here's a look at petrol prices in the neighbouring countries, and what to know about bringing fuel over the border.
Petrol and diesel are getting more expensive across Europe as conflict in the Middle East disrupts oil markets. But prices appear to be rising faster in Germany. Here’s why – and what drivers can do to spend less.
Queues have been forming at petrol stations around Germany as drivers, nervous about further price hikes for gasoline and diesel, move to fill up their tanks.
Fuel prices are significantly higher at petrol stations directly on the German motorways compared with those on smaller roads, according to a recent analysis. Here's how much drivers can save.
If you are driving abroad from Germany it might be worth waiting until you cross the border before you fill up on fuel. But it depends where you are going.
Budget airlines complain that an upcoming tax hike is one of many accumulating costs that are pushing ticket prices up. The Local takes a look at trends in German aviation and asks, are the days of cheap flights coming to an end?
Drastic measures are needed to achieve Germany’s climate targets for transport, according to the country's Environment Agency. Will car-loving Germany take action?
Germany's Finance Minister Wolfgang Schaeuble on Saturday raised the prospect of introducing a tax on petrol in Europe to pay for solving the migrant crisis, in remarks to the Suddeutsche Zeitung newspaper.
German Chancellor Angela Merkel's conservatives on Tuesday dropped plans for a draft law on "fracking" for the time being, amid concerns by some coalition allies about the oil and gas extraction technique.
Petrol is more expensive in Germany than it has ever been, with average prices on Saturday reaching €1.692 a litre for Super E10, and €1.536 a litre for diesel. The record prices are hitting German motorists as many return from holidays.
Budget airline Ryanair is putting its pilots under so much pressure to save money that they are flying with just enough fuel on board to reduce costs – a practice that forced three planes to make emergency landings in Spain recently.
Germany is set to introduce “petrol police” to collect and monitor fuel prices across the country – from import to the pump, in an attempt to combat soaring prices.
German motorists would have advanced warning of petrol price rises under an Australian-inspired proposal from Transport Minister Peter Ramsauer to stop the big oil firms from price-fixing.
